Stocks to Buy Today: 5 Best Shares to Buy on 02-Jun-22

Every morning our analysts scan through the markets universe and chose the best momentum stocks to buy today. The stocks are recommended from a wider list of momentum stocks and only the best ones make it to the top 5 list. We also update on the performance of earlier recommendation every morning to help you with your trading journey. Read on to know the momentum stocks to buy today. The average holding period could be between 7-10 days on average.

List of 5 Stocks to Buy on Jun 02, 2022

1. TTK Prestige (TTKPRESTIG)

TTK Prestige Ltd is involved in the business activities of manufacture of metal household articles (plates, saucers, pots, kettles, saucepans, frying pans and other non-electrical utensils, small hand-operated kitchen appliances and accessories). Company’s Total Operating Revenue is Rs.2033.05 Cr. and Equity Capital is Rs.13.86 Cr. for the Year ended 31/03/2021. TTK Prestige Ltd. is a Public Limited Listed company incorporated on 22/10/1955 and has its registered office in the State of Tamil Nadu, India. 

TTK Prestige Share Price Target for Today: 

- Current Market Price: Rs.889

- Stop Loss: Rs.860

- Target 1: Rs.929

- Target 2: Rs.950

- Holding Period: 1 week

5paisa Recommendation: Our technical experts see range breakout in this stock hence making this stock best stock to buy.

2. Thirumalai Chemicals (TIRUMALCHM)

Thirumalai Chemicals belongs to the Industry of Chemicals - Speciality - Others. Company’s Total Operating Revenue is Rs.857.18 Cr. and Equity Capital is Rs.10.24 Cr. for the Year ended 31/03/2021. Thirumalai Chemicals Ltd. is a Public Limited Listed company incorporated on 27/11/1972 and has its registered office in the State of Maharashtra, India.

Thirumalai Chemicals Share Price Target for Today: 

- Current Market Price: Rs.256

- Stop Loss: Rs.248

- Target 1: Rs.268

- Target 2: Rs.275

- Holding Period: 1 week

5paisa Recommendation: Our technical experts expects the stock to be double bottom pattern hence making this stock best stock to buy.

3. Bharat Electronics (BEL)

Bharat Electronics is involved in the business activities of manufacture of data communications equipment, such as bridges, routers, and gateways. Company’s Total Operating Revenue is Rs.14063.83 Cr. and Equity Capital is Rs.243.66 Cr. for the Year ended 31/03/2021. Bharat Electronics Ltd. is a Public Limited Listed company incorporated on 21/04/1954 and has its registered office in the State of Karnataka, India.

Bharat Electronics Share Price Target for Today: 

- Current Market Price: Rs.242

- Stop Loss: Rs.234

- Target 1: Rs.255

- Target 2: Rs.262

- Holding Period: 1 week

5paisa Recommendation: Strong volume in this stock is expected and thus making this stock as one of the best stocks to buy today.

4. Cybertech Systems & Software (CYBERTECH)

Cybertech System is involved in the business activities of Computer programming, consultancy and related activities. Company’s Total Operating Revenue is Rs.79.22 Cr. and Equity Capital is Rs.28.17 Cr. for the Year ended 31/03/2022. Cybertech Systems & Software Ltd. is a Public Limited Listed company incorporated on 19/01/1995 and has its registered office in the State of Maharashtra, India.

Cybertech Systems & Software Share Price Target for Today: 

- Current Market Price: Rs.152

- Stop Loss: Rs.147

- Target 1: Rs.160

- Target 2: Rs.165

- Holding Period: 1 week

5paisa Recommendation: Our technical experts see stock is reversed from support in this stock hence making this stock best stock to buy.

5. Varun Beverages (VBL)

Varun Beverages Ltd. is involved in the business activities of manufacture of soft drinks; production of mineral waters and other bottled waters. Company’s Total Operating Revenue is Rs.6595.74 Cr. and Equity Capital is Rs.433.03 Cr. for the Year ended 31/12/2021. Varun Beverages Ltd. is a Public Limited Listed company incorporated on 16/06/1995 and has its registered office in the State of Delhi, India.

Varun Beverages Share Price Target for Today: 

- Current Market Price: Rs.1,109

- Stop Loss: Rs.1,030

- Target 1: Rs.1,230

- Target 2: Rs.1,280

- Holding Period: 1 week

5paisa Recommendation: Our technical experts stock on verge of breakout for this stock and hence making this stock best stock to buy.

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